A student argues: To maximize profit, a firm should produce the quantity where the difference between marginal

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A student argues: "To maximize profit, a firm should produce the quantity where the difference between marginal revenue and marginal cost is the greatest. If a firm produces more than this quantity, then the profit made on each additional unit will be falling." Briefly explain whether you agree with this reasoning.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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